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Author Topic: [2016-06-06] Poloniex Exchange Confirms Funds Are Safe Despite Outage  (Read 580 times)
jdebunt (OP)
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June 06, 2016, 02:24:39 PM
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Poloniex is the largest altcoin exchange in the world today, as they continue to dominate nearly every alternative cryptocurrency trading market. Especially Ethereum and The DAO tokens are seeing a lot of daily trading volume on these platforms. But now that Poloniex is temporarily offline, a lot of traders are panicking and show concerns over their funds.

http://bitcoinist.net/poloniex-funds-are-safe-despite-outage/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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coinzat
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June 06, 2016, 06:47:00 PM
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it seems that they have  just a normal maintenance for the website and it will come back online soon. poloniex is one of the most trusted exchanges for altcoins
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June 06, 2016, 08:42:09 PM
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Good to see this is back and not a big deal.  It was not down for long.  This is a reminder to myself to monitor how much I leave on exchanges.

I love Bitcoin
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June 06, 2016, 09:17:53 PM
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It's normal that people get worried as soon as an exchange is not online. We have seen enough exchange drama where people lost a lot coins. Even an outage of 10 to 15 minutes is already enough to get people scared. That's why an exchange should improve their communication to its users when going offline for maintenance.
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